LORIGANE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LORIGANE
Largest movements
- Tangible fixed assets -€14,315
down €14,315 (-32.7%), from €43,755 to €29,441
of which Furniture and vehicles: -€14,025
- Deferred charges and accrued income -€2,035
down €2,035 (-61.4%), from €3,316 to €1,280
- Other debts -€71,418
down €71,418 (-26.1%), from €273,446 to €202,028
- Profit (loss) carried forward +€64,498
up €64,498 (+25.4%), from -€254,296 to -€189,797
- Trade debts -€7,992
down €7,992 (-95.7%), from €8,348 to €356
- Debts after one year -€6,811
down €6,811 (-34.0%), from €20,037 to €13,226
- Short-term financial debts +€3,517
new in 2025: €3,517
- Gross operating margin +€37,794
up €37,794 (+80.6%), from €46,902 to €84,696
- Other operating charges -€1,347
down €1,347 (-62.5%), from €2,154 to €808
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,514 | €50,673 | -€16,841 | -24.9% |
| Fixed assets | 21/28 | €43,755 | €29,441 | -€14,315 | -32.7% |
| Tangible fixed assets | 22/27 | €43,755 | €29,441 | -€14,315 | -32.7% |
| Plant, machinery and equipment | 23 | €664 | €374 | -€290 | -43.7% |
| Furniture and vehicles | 24 | €43,091 | €29,066 | -€14,025 | -32.5% |
| Current assets | 29/58 | €23,759 | €21,233 | -€2,527 | -10.6% |
| Amounts receivable within one year | 40/41 | €19,410 | €19,333 | -€76 | -0.4% |
| Trade receivables | 40 | €19,410 | €19,333 | -€76 | -0.4% |
| Cash at bank and in hand | 54/58 | €1,034 | €619 | -€415 | -40.2% |
| Deferred charges and accrued income | 490/1 | €3,316 | €1,280 | -€2,035 | -61.4% |
| Total equity and liabilities | 10/49 | €67,514 | €50,673 | -€16,841 | -24.9% |
| Equity | 10/15 | -€242,988 | -€178,489 | +€64,498 | +26.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,308 | €1,308 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,308 | €1,308 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,308 | €1,308 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€254,296 | -€189,797 | +€64,498 | +25.4% |
| Amounts payable | 17/49 | €310,502 | €229,162 | -€81,340 | -26.2% |
| Amounts payable after more than one year | 17 | €20,037 | €13,226 | -€6,811 | -34.0% |
| Financial debts | 170/4 | €20,037 | €13,226 | -€6,811 | -34.0% |
| Amounts payable within one year | 42/48 | €290,465 | €215,936 | -€74,528 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €5,917 | €6,187 | +€270 | +4.6% |
| Financial debts | 43 | - | €3,517 | +€3,517 | |
| Credit institutions | 430/8 | - | €3,517 | +€3,517 | |
| Trade debts | 44 | €8,348 | €356 | -€7,992 | -95.7% |
| Suppliers | 440/4 | €8,348 | €356 | -€7,992 | -95.7% |
| Taxes, remuneration and social security | 45 | €2,754 | €3,848 | +€1,094 | +39.7% |
| Taxes | 450/3 | €2,754 | €3,848 | +€1,094 | +39.7% |
| Other amounts payable | 47/48 | €273,446 | €202,028 | -€71,418 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,138 | €17,938 | -€200 | -1.1% |
| Other operating charges | 640/8 | €2,154 | €808 | -€1,347 | -62.5% |
| Gross operating margin | 9900 | €46,902 | €84,696 | +€37,794 | +80.6% |
| Operating profit (loss) | 9901 | €26,609 | €65,950 | +€39,341 | +147.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,783 | €1,103 | -€680 | -38.1% |
| Recurring financial charges | 65 | €1,783 | €1,103 | -€680 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €24,826 | €64,847 | +€40,021 | +161.2% |
| Income taxes | 67/77 | €164 | €349 | +€184 | +112.2% |
| Profit (loss) for the period | 9904 | €24,662 | €64,498 | +€39,837 | +161.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,662 | €64,498 | +€39,837 | +161.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.